House Price Change 10 Years in Latvia compared to Europe
The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).
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| Turkey |
936.40%
|
| Iceland |
179.57%
|
| Estonia |
148.12%
|
| Czech Rep. |
132.55%
|
| Portugal |
121.37%
|
| Ireland |
119.92%
|
| Slovak Rep. |
119.22%
|
| Germany |
114.18%
|
| Luxembourg |
107.42%
|
| Sweden |
94.61%
|
| Lithuania |
93.57%
|
| Netherlands |
87.23%
|
| Malta |
85.39%
|
| Romania |
77.05%
|
| Austria |
71.98%
|
| Bulgaria |
69.84%
|
| Russia |
69.36%
|
| UK |
66.64%
|
| Poland |
63.72%
|
| Norway |
60.25%
|
| Latvia |
59.26%
|
| Slovenia |
53.43%
|
| Croatia |
50.08%
|
| Belgium |
42.07%
|
| Denmark |
41.94%
|
| Macedonia |
33.59%
|
| France |
25.26%
|
| Finland |
22.49%
|
| Montenegro |
20.79%
|
| Spain |
9.64%
|
| Switzerland |
8.71%
|
| Greece |
6.93%
|
| Hungary |
0.00%
|
| Cyprus |
-8.86%
|
| Italy |
-22.30%
|
| Ukraine |
-40.50%
|
Latvia generates monthly average apartment prices, issued by private entities, Arco Real Estate and Ober Haus. The Central Statistical Bureau of Latvia started producing annual average house prices in 2004 but stopped in 2009. High quality general economics statistics for Latvia are published by the Bank of Latvia and the Central Statistical Bureau of Latvia.